MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-KL-02-0000457
Asset Homes Private Limited - real estate and construction in Kochi, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹301.7 Cr
▲ 15% YoY
Net profit · FY 2025
₹13.58 Cr
Net margin 4.5%
EBITDA · FY 2025
₹31.52 Cr
EBITDA margin 10.4%
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹15.26 Cr
Issued & subscribed
Open charges
₹267.99 Cr
Satisfied ₹50.21 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
709
Provident fund records
About Asset Homes Private Limited
Data last updated:
Asset Homes Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 19 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U45201KL2006PTC019867. Its GSTIN is 32AAFCA9386B1ZT (Kerala).
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹15.26 Cr. It is led by directors including Sunil Kumar Vasudevanpillai (Managing Director) and Mohanan Narayanan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. Xv / 246C Asset Centrale NH Bypass Kundanoor Jn. Maradu P.O, Kochi, Kerala, India – 682304.
As per the financials filed for FY 2025, the company reported a revenue of ₹301.7 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹13.58 Cr (net margin 4.5%) and EBITDA of ₹31.52 Cr (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 15% over five years.
The company has about 709 employees on its provident fund (EPFO) records. Its group structure includes 7 subsidiaries.
The company is associated with 1 brand: Asset Homes. As per MCA filings, the company has open charges of ₹267.99 Cr and satisfied charges of ₹50.21 Cr on record. Court records list 132 cases involving the company, including 60 filed by the company and 72 filed against it; 49 cases are pending.
Asset Homes Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0000457). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website assethomes.in.
Company details
CIN U45201KL2006PTC019867
Registration Number 019867
Incorporation Date 19 September 2006
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KL-02-0000457
Key People
Sunil Kumar Vasudevanpillai Managing Director Mohanan Narayanan Director Rappai Chirayath Vareed Director Recognitions & Rankings of Asset Homes
Contact details
Asset Homes Private Limited's registered office is in Kochi, Kerala. Its website is assethomes.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressNo. Xv / 246C Asset Centrale NH Bypass Kundanoor Jn. Maradu P.O, Kochi, Kerala, India – 682304
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Asset Homes Private Limited, buy the company report.
Comprehensive company report
Asset Homes Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Asset Homes operates one associated brand: Asset Homes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Constructs and sells apartments, flats, and villas in Kerala cities. | assethomes.in |
Business activity
The main business activity of Asset Homes is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Asset Homes Private Limited, buy the company report.
Financials of Asset Homes Private Limited
FY 2024 filings availableAsset Homes Private Limited reported revenue of ₹301.7 Cr (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹301.7 Cr ▲ 15%
Net profit · FY 2025
₹13.58 Cr margin 4.5%
EBITDA · FY 2025
₹31.52 Cr margin 10.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 18%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 25%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 15% growth in the latest year. EBITDA rose 17% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹31.52 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.58 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.4% | ||||
| Net Profit Margin | 4.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Asset Homes Private Limited, buy the company report.
Board of directors of Asset Homes Private Limited
Asset Homes has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohanan Narayanan | Director | 01 Jul 2014 | 12 Years 3 Months | Current |
| Rappai Chirayath Vareed Also directs: Inkel Renewable Energy Private Limited, Inkel Green Energy Private Limited, Inkel Limited and 4 more | Director | 05 Jan 2021 | 5 Years 9 Months | Current |
| Sunil Kumar Vasudevanpillai Also directs: Asset JGT Projects LLP, Asset Homes Realty LLP, Asset Palal Projects Private Limited and 5 more | Managing Director | 19 Sep 2006 | 20 Years 1 Months | Current |
| Methale Purayil Hassan Kunhi Also directs: Institute of Accounting and Management Studies LLP, Abs Marine Engineering LLP, Dream Living Hostels LLP and 5 more | Director | 28 Nov 2016 | 9 Years 10 Months | Current |
Peer comparison
Asset Homes Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Asset Homes Private Limitedthis company | ₹301.7 Cr (FY 2025) | ₹13.58 Cr | 4.5% | 15.0% | 709 | Kochi, Kerala, India |
| Flagship Infrastructure Limited | ₹301.52 Cr (FY 2019) | -42.0% | Mumbai, Maharashtra, India | |||
| Agi Infra Limited | ₹301.39 Cr (FY 2024) | 22.0% | Jalandhar, Punjab, India | |||
| Pacifica (India) Projects Private Limited | ₹299.79 Cr (FY 2025) | 42.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Asset Homes Private Limited, buy the company report.
Auditor
Asset Homes Private Limited is audited by T Velu Pillai & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T Velu Pillai & Co. | FY 2023 | 004592S |
Shareholding
The shareholding of Asset Homes Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asset Homes Private Limited, buy the company report.
Charges & borrowings
Open charges
₹267.99 Cr
Satisfied charges
₹50.21 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Nov 2025 | 101194210 | Others | ₹17 Cr | Open | |
| 02 Jul 2025 | 101127150 | Others | ₹17 Cr | Open | |
| 27 May 2025 | 101131967 | Others | ₹17 Cr | Open | |
| 08 May 2025 | 101095770 | Others | ₹35 Cr | Open | |
| 26 Mar 2025 | 101072483 | Others | ₹10 Cr | Open |
To see the full charge records of Asset Homes Private Limited, buy the company report.
Total charge records: 48 View all charges
Legal cases
Asset Homes Private Limited has 132 court cases on record: 60 filed by Asset Homes, 72 filed against it. 49 cases are pending and 83 are disposed.
Total cases
132
Filed by the company
60
Filed against the company
72
Pending
49
Disposed
83
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 67 | 27 | 30 |
| District courts | 54 | 39 | 13 |
| Supreme Court | 5 | 0 | 5 |
| NCLAT | 4 | 4 | 0 |
| NCLT | 2 | 2 | 1 |
Cases on record (5 of 132)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Kerala State Electricity Board Ltd. and 3 others | Pending |
| District court, Ernakulam, Kerala | Court case (OP(TP)) | Filed by the company against Asset India Infra Projects P. Ltd and 1 other | Disposed |
| District court, Ernakulam, Kerala | Criminal complaint | Filed by the company against M/S Automation Gallery Pvt Ltd Represented by Its Director Najath K Nazarudheen | Disposed |
| District court, Ernakulam, Kerala | Commercial suit | Filed by the company against M/S S P Life Care Pvt Ltd | Disposed |
| District court, Ernakulam, Kerala | Arbitration matter | Filed against the company | Pending |
To see the full case history of Asset Homes Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Asset Homes Private Limited was last rated by Icra on 07 Sep 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 07 Sep 2017 |
To see the full credit ratings and regulatory alerts of Asset Homes Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asset Homes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Asset Homes has 7 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
7
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Asset Homes Build - Ventures TVM (Phase III) Privatemited Li | U41001KL2023PTC080424 | |
| Asset Homes Build - Ventures TVM (Phase I)Private Limited | U45201KL2023PTC079904 | |
| Asset Homes TCM Townships Private Limited | U45202KL2022PTC078160 | |
| Assetindia Infraprojects Private Limited | U45309KL2010PTC025443 | |
| Asset Homes Ventures Infra - One Private Limited | U45309KL2022PTC077071 | |
| Club Aht Private Limited | U45309KL2023PTC079902 |
To see the full group structure of Asset Homes Private Limited, buy the company report.
Employees & EPFO
Asset Homes Private Limited has a workforce of 709 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
709
Active EPFO establishments
1
Employee growth
10.78%
GST
Asset Homes has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAFCA9386B1ZT | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asset Homes Private Limited, buy the company report.
Recent activity
Asset Homes Private Limited has 10 board changes on record since 2006: 4 appointments and 6 cessations. The latest: Rappai Chirayath Vareed ceased to be Additional Director on 30 Nov 2021.
Charges
A charge with Others amounted to Rs. 17.00 Cr with Charge ID 101194210 was registered on 14 Nov 2025.
Charges
A charge with Others amounted to Rs. 17.00 Cr with Charge ID 101127150 was registered on 02 Jul 2025.
Charges
A charge with Others amounted to Rs. 17.00 Cr with Charge ID 101131967 was registered on 27 May 2025.
Charges
A charge with Others amounted to Rs. 35.00 Cr with Charge ID 101095770 was registered on 08 May 2025.
Charges
A charge registered on 18 Sep 2020 via Charge ID 100395807 with The South Indian Bank Limited was fully satisfied on 03 May 2025.
Charges
A charge registered on 03 Aug 2017 via Charge ID 100127907 with Others was fully satisfied on 03 May 2025.
Charges
A charge registered on 03 Aug 2017 via Charge ID 100127436 with Others was fully satisfied on 03 May 2025.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101072483 was registered on 26 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.38 Cr with Charge ID 101045283 was registered on 21 Jan 2025.
Charges
A charge with Others amounted to Rs. 0.00 Cr with Charge ID 101035154 was registered on 14 Jan 2025.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101014811 was registered on 06 Dec 2024.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101018379 was registered on 30 Nov 2024.
66 earlier events are in the company report.
News
Frequently asked questions
Asset Homes is an active private limited company based in Kochi, Kerala, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 19 September 2006 (20+ years old) and is registered under CIN U45201KL2006PTC019867.
Asset Homes has 4 current directors:
- Sunil Kumar Vasudevanpillai - Managing Director
- Mohanan Narayanan - Director
- Rappai Chirayath Vareed - Director
- Methale Purayil Hassan Kunhi - Director
The latest financial statements of Asset Homes on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Asset Homes is 32AAFCA9386B1ZT, registered in Kerala.
The CIN (Corporate Identification Number) of Asset Homes is U45201KL2006PTC019867. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asset Homes has 132 court cases on record: 60 filed by the company and 72 filed against it. 49 are pending. Most are in the high courts.
Asset Homes was incorporated on 19 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Asset Homes by revenue are Flagship Infrastructure Limited, Agi Infra Limited, Pacifica (India) Projects Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Rappai Chirayath Vareed ceased to be Additional Director on 30 Nov 2021. Rappai Chirayath Vareed was appointed as Director on 05 Jan 2021. Methale Purayil Hassan Kunhi ceased to be Additional Director on 30 Sep 2017. Asset Homes has 10 board changes on record in total.
Yes, Asset Homes is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-02-0000457).
Asset Homes can be reached through the website assethomes.in. Its registered office is in Kochi, Kerala, India.